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Graphic Packaging Stock Is Slumping — But a New $12.6 Million Stake Signals a Value Play
The Motley Fool· 2025-12-04 20:04
One detail in the latest earnings suggests why some deep-value investors may see more upside than the stock chart implies.New York City-based Atlantic Investment Management initiated a new position in Graphic Packaging Holding Company (GPK), adding 645,584 shares valued at approximately $12.6 million, according to a November 14 SEC filing.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 14, Atlantic Investment Management disclosed a new stake in Graphic Packaging ...
Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock
Globenewswire· 2025-06-10 20:01
Core Viewpoint - Karat Packaging Inc. has announced a proposed underwritten public offering of 1,500,000 shares of its common stock by certain members of the management team, with an additional option for the underwriter to purchase up to 225,000 shares [1][2]. Company Overview - Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products, including food containers, bags, tableware, cups, lids, cutlery, straws, and eco-friendly products under the Karat Earthline brand [5]. - The company primarily serves national and regional restaurants and foodservice settings across the United States, offering customized solutions such as product development, design, printing, and logistics services [5]. Offering Details - The offering is being made under a shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) on March 21, 2025, and declared effective on March 28, 2025 [3]. - The company will not receive any proceeds from the sale of shares by the Selling Stockholders [2]. - BofA Securities and William Blair & Company are acting as the joint lead book-runners for the offering [2]. Legal and Compliance - The press release clarifies that it does not constitute an offer to sell or a solicitation of an offer to buy these securities in any jurisdiction where such offer would be unlawful [4].